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11'% <br />trsn sf er=_ as before. The pri ncl pal of this 'Donn, if registered, shall 'oe naya'. <br />only to the re 3l stared o~x^.er or his 1e 3a1 re pre septa t?ve. Notn~i th star.<,SnS the <br />registration of this 'oond, the cc unans shall rema!n payable to bearer and sha: <br />continue to 'oe trap sf.=.reble by delivery. <br />DP_I~ CF REGISTRY P~GZB T°.=^D G'ANEn HCi:D P.EGIHTP.AR <br />The issuance of the within oond has been a:,proved under the provi sic ns of <br />the Local Government Act of North Carolina. <br />t4, E. Eas terlin3, <br />Se cretnry, Local Government Commission <br />By <br />Designated Assistant <br />(CCUPCN) <br />1iC. <br />Cn 1, 19 _ <br />The County of Oran 3e, Ncrth Carolina, will pay to bearer at Central Hanow <br />Hank andTru st Company in New York City, the sum of <br />Dollars in any coin or currency of the United States of Ameri ce vrhich at the <br />time of payment is ie gal tender for publ lc and private debts as prov iced in an <br />for the interest then due on Sts School Building Hond, dated June 1, 19'<1, <br />nurc ne red <br />er or use cs anc ex o*_n ci <br />of Board of Comm? seioners <br />section 5. That said Sch eol Hui lding 9onds s'nall 'oe re gists rable as to <br />principal alone in ace orda_nce wl th the provisions for such re 3l strati on herein <br />above in this resolution provided to be endorsed upon sold 'oond s, and that <br />the County Treasurer Se hereby de sl<-nated Bond fie3l strar for the porno ses of = <br />reef =_tratt or., suh,J act to the right of the Board of Commissioners hereafter to <br />de si eriate another Hond Registrar. No charge s`:a 11 be made to any 'oonaholder <br />for %he uri vi le ge of registration heroin granted, <br />Sec tl on 6. Thp.t the County Accountant ie hereby directed to re ova st t*:e <br />Local Government Comm isslon to adve rt ies end sell =_aid bonds. <br />Upcn motion of Comm 1_=si oner 1711san seconded by Commissinn ar Lae;s, the <br />Yore goin3 resolut lcn entitled "Resolution prnvldlna for tY~ issuance of 3,=,5,00 <br />School Huildine Bond e" was adopted 'oy the Poll ossi ns vote: <br />Ayes: J. ~. L¢ws, Ben 9. 'Nil=_on <br />Noes: None <br />I HEREBY CERTIFY that t're foregoing is s true copy of so much of the pro- <br />ceedings of the Boarn of Commissioners for the County of Cran3e at an adlounrr. <br />regular meeting thereof held iday 19, 1941, as relate Sn any way to the author- <br />ization of ponds of said County and th¢t such proceedings are recorded !n <br />Volume S of t'r_e mlmaes of =_aid Board, beginning at page //~- and ending <br />at page ~(7i <br />YIITNESS my hand and the seal of said County, this ~ coy of Way, 1941. <br />Ae gists r' of D~~?ein <br />u'le rk of tP:e BO Prd o_° Comm!=_sioner <br />d <br />, i <br />